Fusion-io downgraded to Underweight from Neutral at JPMorgan JPMorgan downgraded Fusion-io to Underweight and lowered its price target for shares to $9 from $15 following the company's Q1 results. Shares were also downgraded this morning at Morgan Stanley.
News For FIO From The Last 14 Days
Check below for free stories on FIO the last two weeks.
Fusion-io downgraded to Neutral from Buy at UBS UBS downgraded Fusion-io due to lack of near-term catalysts, increasing competition in PCIe cards, and go-to-market changes that could take 6-9 months to pay off. Price target lowered to $11 from $15.